WALTERS GAS UNIT

Operated by FORTUNE RESOURCES LLC (P-5 278755) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 213962District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.4 M
Jul 2005 – May 2026
Value, last 12 filed months
$59 k
at the published price for each month
Months reported
251
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112006-07-31169308
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition1,515 bbl$102,318
GasProduction1,509,866 Mcf$9,346,120
Total$9,448,438

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.3348, -94.6435. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.33476, -94.64346 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,590 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 10,590 ft.

Completions filed
Jul 2005
1 of 1 wells

1 well

42-40133559410,590 ftJul 2005

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (251)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

251 months

May 202600106.413.05$0
Apr 202601,34798.932.87$3,866
Mar 202601,45489.753.15$4,579
Feb 202601,27063.503.75$4,763
Jan 202601,49159.138.00$11,925
Dec 202501,54856.664.41$6,832
Nov 202501,47058.593.93$5,772
Oct 202501,33759.383.30$4,419
Sep 202501,39662.743.08$4,295
Aug 202501,34363.933.01$4,049
Jul 202501,40066.743.32$4,641
Jun 202501,35766.483.13$4,246
May 202501,44160.553.23$4,658
Apr 202501,41762.363.54$5,021
Mar 202501,08467.704.27$4,627
Feb 202501,12870.884.34$4,896
Jan 202501,18274.324.28$5,057
Dec 202401,05068.993.12$3,277
Nov 202401,12669.052.20$2,475
Oct 202401,24171.372.28$2,831
Sep 202401,28869.612.36$3,045
Aug 202401,60775.632.06$3,316
Jul 202401,51279.932.15$3,246
Jun 202401,55678.082.63$4,098
May 202401,60778.812.20$3,533
Apr 202401,63884.451.66$2,718
Mar 202401,71780.301.55$2,653
Feb 202401,75076.091.78$3,121
Jan 202401,91373.023.30$6,308
Dec 202301,94871.262.61$5,086
Nov 202301,92077.892.81$5,391
Oct 202302,33285.443.09$7,200
Sep 202302,44689.042.74$6,690
Aug 202312,96380.522.67$8,000
Jul 202303,21474.852.64$8,491
Jun 202302,81868.962.26$6,364
May 202303,21770.622.23$7,166
Apr 202332,83478.122.24$6,576
Mar 202312,25472.852.39$5,467
Feb 202301,58175.112.47$3,898
Jan 202302,72276.533.39$9,221
Dec 202212,32376.415.73$13,385
Nov 202202,20785.005.65$12,461
Oct 202202,78087.185.86$16,301
Sep 202202,25684.888.16$18,417
Aug 202202,91794.529.13$26,624
Jul 202203,105101.587.54$23,418
Jun 202202,362115.097.98$18,842
May 202202,235109.378.43$18,848
Apr 202202,198104.226.84$15,029
Mar 202202,035108.885.08$10,330
Feb 202202,13591.054.86$10,374
Jan 202212,98181.844.54$13,609
Dec 202102,96971.323.90$11,576
Nov 202112,79577.435.24$14,714
Oct 202102,75179.795.71$15,719
Sep 202102,56769.865.35$13,736
Aug 202123,47866.024.22$14,811
Jul 202112,74870.783.98$11,014
Jun 202112,73969.493.38$9,329
May 202112,58263.483.02$7,855
Apr 202112,61860.362.76$7,282
Mar 202113,48661.302.72$9,533
Feb 202102,34957.805.55$13,032
Jan 202103,06850.412.81$8,622
Dec 202002,80444.642.68$7,502
Nov 202013,12838.772.71$8,505
Oct 202013,16236.972.48$7,874
Sep 202003,14037.091.99$6,252
Aug 202013,46039.982.39$8,292
Jul 202023,25138.371.83$6,010
Jun 202013,40534.901.69$5,790
May 202053,81916.921.81$7,015
Apr 202003,46014.751.80$6,243
Mar 202024,24130.341.86$7,933
Feb 202033,81549.881.98$7,706
Jan 202014,17157.252.09$8,794
Dec 201913,71959.012.30$8,629
Nov 201903,01555.302.75$8,293
Oct 201913,30653.472.42$8,049
Sep 201912,95455.052.66$7,905
Aug 201923,22753.112.30$7,542
Jul 201913,18956.272.46$7,901
Jun 201923,03652.782.49$7,669
May 201933,23758.482.74$9,046
Apr 201902,94462.632.75$8,098
Mar 201903,12756.803.06$9,575
Feb 201902,45050.852.79$6,841
Jan 201902,86146.033.23$9,236
Dec 201803,08446.594.19$12,908
Nov 201803,15652.934.24$13,373
Oct 2018293,05461.443.40$12,160
Sep 201803,25359.543.11$10,110
Aug 201813,35459.403.07$10,345
Jul 201803,32965.142.93$9,760
Jun 201803,46560.183.08$10,662
May 201803,60765.382.90$10,463
Apr 201803,53963.842.90$10,266
Mar 201803,81361.222.79$10,626
Feb 201813,81461.782.77$10,612
Jan 201804,15862.874.01$16,671
Dec 201704,02457.272.92$11,756
Nov 201704,02455.423.12$12,548
Oct 201714,77049.292.98$14,281
Sep 201714,41447.523.09$13,675
Aug 201714,82045.373.00$14,527
Jul 201724,92043.873.09$15,277
Jun 2017314,67942.493.09$15,763
May 201715,08345.373.26$16,633
Apr 201714,85547.933.21$15,640
Mar 201704,49246.772.98$13,403
Feb 201704,72950.452.95$13,963
Jan 201714,97049.413.42$17,041
Dec 201615,22048.763.72$19,482
Nov 201615,42742.492.64$14,393
Oct 201615,66146.193.09$17,540
Sep 201615,41441.553.10$16,828
Aug 201615,64241.442.92$16,541
Jul 2016375,59441.622.92$17,899
Jun 201616,14345.352.69$16,544
May 201617,09342.521.99$14,165
Apr 201627,09236.561.99$14,194
Mar 201627,87833.011.79$14,199
Feb 201627,49826.472.06$15,526
Jan 201627,80627.352.36$18,511
Dec 201507,69332.362.00$15,397
Nov 201526,86538.792.17$14,956
Oct 201526,32943.552.43$15,445
Sep 201516,23442.992.76$17,239
Aug 2015486,04940.162.87$19,303
Jul 201533,71848.152.95$11,094
Jun 201501,90456.152.88$5,489
May 201501,42455.212.96$4,209
Apr 201501,37349.822.71$3,716
Mar 201501,44242.892.93$4,232
Feb 201501,34544.662.98$4,003
Jan 201501,45243.433.10$4,502
Dec 201401,65354.693.59$5,937
Nov 201401,75870.464.25$7,475
Oct 201402,34078.303.90$9,128
Sep 201402,22886.164.05$9,013
Aug 201402,48189.394.04$10,011
Jul 201401,97896.564.18$8,267
Jun 201402,62898.164.74$12,449
May 201402,87194.734.73$13,570
Apr 2014172,02795.944.81$11,379
Mar 201401,76395.895.06$8,915
Feb 201401,85497.406.19$11,480
Jan 201402,27690.404.86$11,063
Dec 201303,35991.824.35$14,627
Nov 201302,16388.853.74$8,086
Oct 201302,26497.423.78$8,556
Sep 201302,550104.113.72$9,480
Aug 201302,938104.253.52$10,349
Jul 201314,174102.523.72$15,620
Jun 201302,19694.403.93$8,638
May 201302,26094.834.15$9,377
Apr 2013172,23793.964.28$11,177
Mar 201302,46693.623.91$9,649
Feb 201302,15791.233.42$7,377
Jan 2013182,65691.603.42$10,732
Dec 201202,88086.773.42$9,850
Nov 201202,35486.953.62$8,533
Oct 2012162,27089.383.40$9,147
Sep 201202,38094.672.92$6,946
Aug 201203,14992.662.91$9,158
Jul 201203,04585.133.02$9,198
Jun 201202,42279.822.52$6,101
May 201202,70691.612.49$6,733
Apr 201202,360101.652.00$4,712
Mar 201202,792105.052.22$6,204
Feb 2012242,661101.102.57$9,266
Jan 201203,04498.092.73$8,323
Dec 201102,89096.873.24$9,363
Nov 201103,06195.723.31$10,136
Oct 201103,38984.983.65$12,365
Sep 201113,30183.623.99$13,241
Aug 201114,38483.404.15$18,274
Jul 201104,24894.144.52$19,189
Jun 201123,92592.904.64$18,397
May 2011284,50098.134.40$22,569
Apr 201114,025105.964.33$17,547
Mar 201114,36196.364.06$17,790
Feb 201114,20085.644.18$17,642
Jan 201114,79186.504.59$22,071
Dec 2010405,98285.734.35$29,437
Nov 201015,20680.843.80$19,839
Oct 201015,26078.103.51$18,535
Sep 201016,38672.633.98$25,486
Aug 201015,39373.684.42$23,907
Jul 2010365,12672.554.74$26,891
Jun 201015,41470.364.91$26,655
May 201015,89171.124.24$25,021
Apr 2010396,94481.694.12$31,814
Mar 201006,32678.394.39$27,763
Feb 201005,79273.585.44$31,522
Jan 201006,89374.365.96$41,110
Dec 200906,49771.445.48$35,628
Nov 2009376,41474.593.75$26,822
Oct 200905,59172.544.11$22,980
Sep 200906,29065.543.06$19,277
Aug 200905,79067.423.22$18,635
Jul 200907,05361.133.46$24,435
Jun 2009407,56366.163.90$32,104
May 200907,15254.743.93$28,077
Apr 200907,05646.773.59$25,313
Mar 200907,30942.144.06$29,667
Feb 2009447,68432.814.63$37,044
Jan 200909,34835.865.37$50,208
Dec 200809,24737.105.98$55,271
Nov 200809,79155.496.86$67,170
Oct 200809,73475.246.92$67,379
Sep 20083710,134101.767.88$83,592
Aug 2008010,494114.228.48$89,021
Jul 2008010,538131.0811.39$120,022
Jun 2008259,996131.3313.03$133,557
May 2008010,028123.1711.57$116,067
Apr 2008288,450110.3110.45$91,432
Mar 200809,695101.909.66$93,693
Feb 2008288,60392.538.77$78,044
Jan 20082910,58090.388.21$89,438
Dec 20072810,95588.337.30$82,466
Nov 2007010,39391.677.29$75,783
Oct 20072511,23482.856.92$79,833
Sep 2007011,06475.846.24$69,085
Aug 20073512,29469.066.39$80,950
Jul 2007013,22170.906.39$84,455
Jun 20073613,52262.007.55$104,302
May 20073615,07958.747.85$120,429
Apr 2007014,08459.617.81$109,928
Mar 20074316,17056.927.30$120,520
Feb 2007013,64955.108.22$112,140
Jan 20074917,54550.306.73$120,487
Dec 2006318,96956.656.92$131,406
Nov 20065419,26954.207.62$149,708
Oct 2006420,83854.906.01$125,535
Sep 2006221,33460.085.04$107,584
Aug 20067323,04368.717.34$174,150
Jul 2006024,78069.376.34$157,174
Jun 2006025,39666.286.38$162,125
May 20068626,27066.016.42$174,462
Apr 2006026,50364.397.36$195,075
Mar 20064728,17656.707.08$202,233
Feb 20065127,24357.597.75$214,101
Jan 2006031,05360.598.93$277,406
Dec 20059133,93054.9413.42$460,184
Nov 2005035,49854.6910.59$375,867
Oct 2005041,04458.3413.80$566,233
Sep 200511347,41361.4512.08$579,645
Aug 2005059,60661.519.80$583,950
Jul 20050055.697.84$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                1,347 Mcf  × $  2.87 =     $3,866

────────────────────────────────────────────────────
Month total                                   $3,866

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 06/G/213962 is the state's own key, not one this site invented.